Want more? Register today for a trial. 7-day trial

A CRT which pays a fixed amount to the income beneficiary(ies) each year, based upon the initial contribution to the trust, and which does not vary during the term of the CRT based upon a change in the fair market value of the assets in the CRT.

Synonyms: CRAT, CRATs, charitable remainder annuity trusts
Synonyms list (a comma-separated list)
CRAT, CRATs, charitable remainder annuity trusts